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Wazo Tegeta Group
In this Group: Secilia, Agia, Jafari, Olipa, Jeijei
Secilia is a mother of eight children, six girls and two boys, of whom all of them are grown. Secilia, who is married, is in her early 50s. Since 2010, Secilia has been managing a genge business selling fruits and vegetables items. She starts her genge business from 07am to 06:30pm per working day and is able to make a fair return.

This is her fourth loan request from Tujijenge Tanzania. She used the previous loans all of which paid back successfully to restock on her genge items to attract more customers. Secilia earned an extra income which she used to cover part of building expenses for her living house. Secilia paid home food expenses. Her business is doing great and thankful for your support. With her new request, she will use to buy sack of onions, carrot and tomatoes to resell. She dreams that one day she will be able to finish building her house and put tiles inn.

She will share this loan with her loan group" Wazo Tegeta" which totals five members. The members of the group will hold each other accountable for paying back the loan

Additional Information

About Tujijenge Tanzania

This loan is administered by Tujijenge Tanzania, which was founded in 2006. It has operations in Dar es Salaam, the coastal region, and the Lake Victoria region. The organization aims to reach out to micro entrepreneurs and provide them with financial and social intermediation services because capital is one of the major barriers to development and success for micro-enterprise initiatives in Tanzania.

For more information on Tujijenge Tanzania, please visit its partner page, or join its lending team.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

Tags

About Tanzania

  • $1,900
    Average annual income
  • 37
    View loans »
    Tanzania Loans Fundraising
  • $14,888,425
    Funds lent in using Kiva
  • 1,636.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Wazo Tegeta Group's $1,650 loan helped a member to buy sacks of onions,carrot and tomatoes to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 17, 2014
Listed
Mar 31, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014